Methanol is the simplest alcohol and possible energy carrier because it is easier to store than hydrogen and burns cleaner than fossil fuels. It is a colorless liquid, completely miscible with water and organic solvents and is very hygroscopic.
Hygroscopy is the phenomenon of attracting and holding water molecules via either absorption or adsorption from the surrounding environment
Wood alcohol is most often used as a solvent. Methanol is a common industrial solvent found in paint remover, cleansing agents, and antifreeze. It is used to denature the ethanol found in some of these solutions and thereby render them unfit for drinking.
using a solvent that draws water from the environment while stripping the lubricants from the engine seems like a very bad idea to me.